Unemployment in the eurozone reached 12.2 per cent in May, the European Union’s statistics agency said Tuesday, revising figures that it had released the day before.
Eurostat said the unemployment rate used for France in its earlier calculation had been incorrect — 10.4 per cent had been listed instead of 10.9 per cent.
Thus, the jobless rate in the 17-member currency bloc was 12.2 per cent instead of the previously announced 12.1 per cent. A total of 19.3 million people had been looking for work in May.
In the wider 27—member EU, the unemployment rate was 11 per cent with 26.5 million people without a job.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.